Western Midstream completed the acquisition of Meritage Midstream Services II for $885m.

Western Midstream, a Delaware master limited partnership formed to acquire, own, develop, and operate midstream assets, completed the acquisition of Meritage Midstream Services II, a privately held midstream company headquartered in Denver, Colorado, for $885m. "Since 2013, Meritage has been hard at work building upon its brand as a leading midstream operator in the Powder River Basin, expanding its services into rich gas gathering, processing, and NGL transport. Through the unwavering dedication of our team, we have developed a best-in-class infrastructure platform driven by safe and intelligent operations and founded on strong relationships with our customers and stakeholders. Today’s announcement is a testament to the many years of focused efforts, and I am extremely proud of our team’s many accomplishments. We look forward to watching the combined WES/Meritage team continue to advance this generational asset," Nick Thomas, Meritage CEO.